REW vs. WEBL ETF Comparison

Comparison of ProShares UltraShort Technology (REW) to Direxion Daily Dow Jones Internet Bull 3X Shares (WEBL)

REW

ProShares UltraShort Technology

REW Description

The investment seeks daily investment results, before fees and expenses, that correspond to two times the inverse (-2x) of the daily performance of the Dow Jones U.S. TechnologySM Index. The fund invests in derivatives that ProShare Advisors believes, in combination, should have similar daily return characteristics as two times the inverse (-2x) of the daily return of the index. The index measures the performance of the technology sector of the U.S. equity market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$10.26

Average Daily Volume

16,636

Number of Holdings ^*

* may have additional holdings in another (foreign) market

WEBL

Direxion Daily Dow Jones Internet Bull 3X Shares

WEBL Description

The investment seeks daily investment results, before fees and expenses, of 300% of the daily performance of the Dow Jones Internet Composite Index. The fund, under normal circumstances, invests at least 80% of its net assets (plus borrowing for investment purposes) in financial instruments that track the index and other financial instruments that provide daily leveraged exposure to the index or to ETFs that track the index. The index includes companies that generate at least 50% of their annual sales/revenue from the internet as determined by the index provider. It is non-diversified.

Grade (RS Rating)

Last Trade

$26.55

Average Daily Volume

296,416

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	REW	WEBL
30 Days	-4.57%	36.29%
60 Days	-9.33%	44.77%
90 Days	-8.88%	58.89%
12 Months	-39.43%	134.33%

18 Overlapping Holdings

Symbol	Grade	Weight in REW	Weight in WEBL	Overlap
AKAM	D	0.23%	0.44%	0.23%
ANET	C	0.18%	2.78%	0.18%
CIEN	B	0.1%	0.32%	0.1%
CRM	B	2.4%	4.93%	2.4%
CSCO	B	3.09%	2.91%	2.91%
DOCU	A	0.13%	0.52%	0.13%
EBAY	D	0.41%	0.97%	0.41%
GDDY	A	0.19%	0.83%	0.19%
GOOG	C	5.24%	2.89%	2.89%
GOOGL	C	5.25%	3.49%	3.49%
HUBS	A	0.11%	1.14%	0.11%
JNPR	F	0.12%	0.4%	0.12%
META	D	4.46%	6.18%	4.46%
OKTA	C	0.21%	0.39%	0.21%
PAYC	B	0.22%	0.36%	0.22%
VEEV	C	0.29%	1.07%	0.29%
VRSN	F	0.33%	0.49%	0.33%
WDAY	B	0.44%	1.8%	0.44%

REW Overweight 70 Positions Relative to WEBL

Symbol	Grade	Weight
AAPL	C	18.06%
MSFT	F	17.29%
INTC	D	3.85%
ADBE	C	2.51%
NVDA	C	2.26%
TXN	C	1.83%
AVGO	D	1.82%
IBM	C	1.82%
ORCL	B	1.77%
QCOM	F	1.63%
INTU	C	1.09%
MU	D	0.95%
NOW	A	0.87%
AMAT	F	0.86%
AMD	F	0.84%
LRCX	F	0.66%
ADI	D	0.65%
ADSK	A	0.63%
CTSH	B	0.51%
HPQ	B	0.48%
MSI	B	0.45%
KLAC	D	0.42%
MCHP	D	0.39%
PANW	C	0.35%
SNPS	B	0.34%
ANSS	B	0.34%
CDNS	B	0.31%
SWKS	F	0.31%
IAC	D	0.3%
WDC	D	0.3%
HPE	B	0.29%
CDW	F	0.29%
MRVL	B	0.28%
FTNT	C	0.25%
TWLO	A	0.22%
SNAP	C	0.22%
SSNC	B	0.21%
STX	D	0.21%
NTAP	C	0.21%
GRMN	B	0.21%
IT	C	0.21%
RNG	B	0.21%
QRVO	F	0.2%
LDOS	C	0.2%
LUMN	C	0.2%
EPAM	C	0.19%
TYL	B	0.18%
BAH	F	0.17%
TTD	B	0.17%
FICO	B	0.17%
TER	D	0.17%
DOX	D	0.15%
ON	D	0.15%
DXC	B	0.14%
GWRE	A	0.14%
AZPN	A	0.14%
OLED	D	0.13%
DELL	C	0.12%
FFIV	B	0.12%
PTC	A	0.12%
DAY	B	0.11%
MPWR	F	0.11%
ENTG	D	0.11%
CACI	D	0.1%
XRX	F	0.1%
LITE	B	0.09%
SNX	C	0.09%
Z	A	0.09%
ETSY	D	0.09%
MKSI	C	0.09%

REW Underweight 23 Positions Relative to WEBL

Symbol	Grade	Weight
AMZN	C	-6.28%
NFLX	A	-5.54%
BKNG	A	-3.21%
PYPL	B	-2.78%
ABNB	C	-1.87%
DASH	A	-1.84%
CPRT	A	-1.6%
SNOW	C	-1.43%
DDOG	A	-1.32%
TEAM	A	-1.27%
NET	B	-0.91%
RBLX	C	-0.9%
CVNA	B	-0.88%
ZM	B	-0.67%
DKNG	B	-0.64%
NTNX	A	-0.56%
PINS	D	-0.56%
SMAR	A	-0.24%
CFLT	B	-0.23%
DBX	B	-0.21%
MARA	C	-0.2%
BOX	B	-0.16%
ZI	D	-0.1%